about us | newsletter | contact | archive | members area
Christian Traunfellner, Immofinanz
There is an increasing need for high-quality office properties»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Unilever South Central Europe takes over Betty Ice

Unilever South Central Europe and Betty Ice today announced the signing of an agreement by which Unilever South Central Europe will acquire Betty Ice, the Romanian ice cream maker. The transaction value is confidential.

2018-01-31 16:04:31

Betty Ice is the largest ice cream manufacturer in Romania, with a total turnover of 30 million Euro. The company owns a factory in Suceava and has over 180 ice cream kiosks open during the summer. Betty Ice has 760 employees in Romania.

The ice cream division of Unilever South Central Europe and Betty Ice will operate as a stand-alone company within Unilever and will be headed by Vasile Armenean as General Manager.

James Simmons, Managing Director of Unilever South Central Europe, said: "We are glad that Betty Ice will join the Unilever family. Betty Ice is a wonderful business, very much loved by Romanians. I am also delighted that Vasile Armenean has decided to join the company. He is an extraordinary entrepreneur and will have a key role in shaping the future business. "

The agreement is to be subject to the approval of the Competition Council.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  2009 Views
Daily Info
Gas prices in Romania to reach new peak next winter due to soaring oil price, says E.ON

The prices for natural gas will reach new high during the next winter, due to the surge in oil prices, E.ON Romania's CEO Frank Hajdinjak said. cited by Agerpres.

Romanian Energy Awards 2018 - Celebrating Excellence

The Diplomat - Bucharest celebrated the winners of 17 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual traditio...

David Jordan named new CEO of Policolor-Orgachim group

The board of the Policolor-Orgachim group has announced changes in its top management structure: David Jordan has been named the new CEO of the Group.

Vienna Insurance Group posts growing profit in Q1 2018

Vienna Insurance Group (VIG) reports further improvement in all key figures for the 1st quarter of 2018 compared to the same period in the previous year.

E-Distributie Muntenia to modernise several electricity networks in Bucharest

E-Distributie Muntenia will invest about 6.1 million Euro this year for the modernization of the medium and low voltage grids in Eminescu, Floreasca and Domenii areas in Bucha...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

2 Comments

TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Ch...

1 Comment

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

2 Comments

ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research &...

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian ...

1 Comment

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, ...